Risk of tighter regulations and product supply restrictions associated with climate change
First written in FY2020. 1 of 3 entries say "Advanced", first in FY2026. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「To evaluate the impacts of climate change and changes in the business environment more objectively, we have held extensive discussions with representatives of business divisions and sustainability managers in administrative divisions and conducted scenario analysis.」
For climate change risks, the company categorized transition risks, physical risks and opportunities, and specified measures including scenario analysis, physical risk assessments for all sites, and surveys of water risks and areas of natural conservation. - FY2023Greater detail on risks and opportunitiesAnnual report
「In fiscal 2022, the company identified the climate change risks and opportunities it considered material.」
In addition to the existing risks of tighter laws and regulations and product supply restrictions, the company identified carbon taxes, lower demand for low-carbon technologies, raw material and energy prices, disruption of sites and supply chains caused by natural disasters, water shortages and power shortages as risks, and identified growing demand for environmentally efficient products and resilient products as opportunities. - FY2020First statedAnnual report
「Amid the current environment, in which global climate change, including global warming, has become evident, initiatives aimed at reducing greenhouse gas emissions are advancing worldwide. However, tighter legal and regulatory requirements and product supply restrictions associated with climate change may affect the continued operation of our group's business.」
For the first time, the company explicitly identified tighter climate-related laws and regulations and product supply restrictions as key risks that could affect business continuity.